Articles for Retail Sector

CCI not to intervene in quick commerce market
3 weeks ago

CCI not to intervene in quick commerce market

Live Mint  

The Competition Commission of India is unlikely to open an investigation of its own accord into allegations of anti-competitive practices by quick commerce companies including Zepto, Instamart and Blinkit, according to two persons privy to the development. Earlier, the All-India Consumer Products Distributors Federation had approached the department for promotion of industry and internal trade raising concerns about quick commerce …

India Commerce Quick Commerce Sector Quick Cci Quick Commerce Market
RIL preparing for Jio IPO next year, retail business to go public much later
2 months ago

RIL preparing for Jio IPO next year, retail business to go public much later

Live Mint  

Reliance Jio IPO: Reliance Industries Ltd aims to list its subsidiary Jio Platforms Ltd, which houses the country’s largest telecom company, in 2025, two people familiar with the development said. Reliance Jio Infocomm Ltd, a fully owned subsidiary of Jio Platforms, houses the group’s telecom services business, offering voice and data services to more than 479 million consumers in the …

India Retail Jio Sector Platforms Ipo Reliance
Samsung signs MoU with NSDC to train 50,000 youth
3 years, 4 months ago

Samsung signs MoU with NSDC to train 50,000 youth

The Hindu  

Samsung has introduced a skilling programme that aims to train 50,000 youth and make them job-ready for the electronics retail sector in the next few years. “With this new programme, we aim to close the skills and employability gap among youth in the country, helping them find jobs in the fast-growing electronics retail sector,” Ken Kang, President & CEO, Samsung …

India Skills Samsung Skill Nsdc Ojt Participants Training
Netherlands businesses less worried about continued existence
4 years, 7 months ago

Netherlands businesses less worried about continued existence

NL Times  

Business owners in almost all branches of the non-financial sector were much more confident that their business will be able to exist for at least another year in May than they were in April. Retail saw the biggest increase in confidence - in April 9 percent of retail business expected to still exist a year in the future, in May …

Business
Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
4 years, 7 months ago

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

Firstpost  

The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday New Delhi: The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory …

Food India Retail Flipkart Food Retail Food Retail Sector
Retail sector loses a whopping Rs 5.50 lakh cr since lockdown; around 20% traders may pull down shutters, says CAIT
4 years, 8 months ago

Retail sector loses a whopping Rs 5.50 lakh cr since lockdown; around 20% traders may pull down shutters, says CAIT

Firstpost  

CAIT said the retail trade may see many more traders pulling down shutters as the sector has become unviable. Traders body, CAIT said the retail trade may see many more traders pulling down shutters as the sector has become unviable. The Confederation of All India Traders said on Tuesday that, ever since the lockdown was imposed on 24 March, the …

India Retail Trade Indian Crore Traders Bhartia
Netherlands retail sector wants uniform coronavirus rules for shopping streets
4 years, 8 months ago

Netherlands retail sector wants uniform coronavirus rules for shopping streets

NL Times  

Dutch retail association Detailhandel Nederland is calling on the government to come up with uniform and unambiguous social distancing rules for shopping streets. "The crowds on the shopping streets are increasing, and that is good But we have to manage that properly," Duursema said. Now agreements about the shopping streets are needed and then everyone is welcome again, provided people …

Shopping Streets Retail Sector Duursema
Jinan to promote retail sector development in next three years
4 years, 8 months ago

Jinan to promote retail sector development in next three years

China Daily  

Jinan plans to promote local retail sale sector development as a further driver to stimulate the city's consumption potential, according to a news conference on April 22. The city will build five retail commercial areas, cultivate 30 retail demonstration enterprises and support 500 smart stores in communities by 2022. The city will make efforts to upgrade the traditional business and …

Jinan Retail Sector Commercial Retail
Outbreak brings challenges, offers future opportunities to retail sector: Survey
4 years, 10 months ago

Outbreak brings challenges, offers future opportunities to retail sector: Survey

China Daily  

A consumer buys vegetables at a grocery store in Zhengzhou, capital of Henan province, on Feb 6. The outbreak of the novel coronavirus epidemic though weighing down China's retail industry, especially brick-and-mortar retailers, also brings new opportunities to the sector, a report by the global measurement and data analytics company Nielsen showed on Thursday. Nielsen compiled research covering key retail …

Business China Retail Supply Outbreak Covid Retailers
E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant
5 years, 10 months ago

E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant

Firstpost  

Kant noted that driven by the growth in India’s retail market, the country’s GDP will also witness an increase and result in more job opportunities New Delhi: E-commerce has revolutionised the retail sector in India and will play a major role in the country’s growth story going forward, Niti Aayog CEO Amitabh Kant said Tuesday. He further noted that driven …

India Retail Market Kant Major Role Retail Sector